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Creative Thinking, Continued Vigilance are Key to Defeating Terrorism, says Former U.S. Official

Seven years have passed since the amendment of the U.S. anti-money laundering and counterterrorist financing laws and one thing is certain: it's a "fresh new world," according to Andrew Cochran, the founder and co-editor of The Counterterrorism Blog. While banks have implemented an array of protections meant to lock illicit money out of the global financial system, new technology, such as electronic payment systems and prepaid cards, have given rise to new opportunities for criminals, said Cochran, in a recent interview with reporter Larissa Bernardes. Cochran, who formerly served as a counsel to the U.S. House Committee on Financial Services...

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